Tenancy Renewal Fees

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    Tenancy Renewal Fees

    Hello, just wondering if anyone is clued up on the new tenancy renewal fees?

    We have been in the property for over four years now, having had two, two year fixed term contracts. The last one ran out in February. We have been trying to sort out the renewal since then. We have just been sent an electronic tenancy document to sign that has a start date of February (when the last one expired).

    The agency are asking for £120 renewal fee, is this still legal?

    #2
    Don't bother to renew, carry on periodic, more flexibility for you to give notice, no fees discussion with agent,no new paperwork.
    I am legally unqualified: If you need to rely on advice check it with a suitable authority - eg a solicitor specialising in landlord/tenant law...

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      #3
      As above, its better to have a periodic tenancy imo in case your circumstances change. However, the answer to your question is no. The agent can no longer charge you a renewal fee.

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        #4
        We’re happy with the contract. We just want to know if the fee is legal.

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          #5
          The fee is not legal.
          I suspect that the agent is trying to pretend that the agreement was signed in February when the fee would have been legal.

          I'd help them by pointing out that the legality of the fee depends on when it is levied, not when the tenancy agreement is dated.

          There isn't a downside for you if the new fixed term is dated now rather than when the last one expired (that I can think of anyway).
          There doesn't appear to be a downside to the landlord either.
          When I post, I am expressing an opinion - feel free to disagree, I have been wrong before.
          Please don't act on my suggestions without checking with a grown-up (ideally some kind of expert).

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            #6
            Thank you everyone! I’ll sign the contract and ignore the request for the fee and see if they chase it.

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              #7
              Originally posted by carolines100 View Post
              Thank you everyone! I’ll sign the contract and ignore the request for the fee and see if they chase it.
              You should seek to get the start date modified to now before signing.

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